Business & Economy4 stories from 2 sources
Ruto Promises Minimum Fare Rules for Ride-Hailing Taxis Amid Fuel Crisis - May 2026
President William Ruto has promised urgent implementation of minimum fare rules for ride-hailing taxis like Uber and Bolt to protect operators from the current fuel crisis. Following this directive, ride-hailing users in Kenya will soon face higher fares due to the minimum fare regulations. At the same time, Kenya Power has generated Sh382 million in revenue from electric vehicle charging infrastructure in less than three years, showing rapid growth in the EV sector. Additionally, agricultural experts, lenders, and corporate executives are urging increased investment in rural logistics and transport systems across Africa, highlighting that inadequate infrastructure hinders smallholder farmers from accessing profitable markets.
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Friday 7:53 AMCapital Business
Africa urged to fix logistics gaps to unlock markets for smallholder farmers
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